Wall Street Analyst Predicts 30% Upside for Palantir and 60% for SpaceX. Is It Time to Buy the Stocks?
Barclays analyst Anthony Valentini recently initiated coverage on both Space Exploration Technologies (SPCX +0.52%) and Palantir Technologies (PLTR -0.02%), starting both stocks with overweight ratings. His $254 price target on SpaceX implies nearly 60% upside, while his $265 target on Palantir offers the potential for a more than 30% gain. The analyst said: “SpaceX and…